Home prices
The price of the median home in Andover is $289,500. It is about $39,060 (15%) higher compared to other places in this area.Compared to the nation as a whole it is roughly $72,000 (33%) higher, and compared to the city of Minneapolis is about $37,900 (15%) higher.
Rents
Andover's median monthly rent is $1,655. In comparison to other places in this area it is roughly $470 (39%) higher.It is about $593 (55%) higher compared to the rest of the nation, and it is about $628 (61%) higher compared to the city of Minneapolis.
Nearby places
Anoka
Anoka is Andover's neighbor to the southwest. Its housing prices are significantly less expensive. The median home in Anoka is valued at $203,100, which is $86,400 (42%) lower than Andover. The rent there is substantially less expensive. The median rent in Anoka is $962 a month, which works out to $693 (72%) lower than Andover.
Ham Lake
Ham Lake is Andover's neighbor to the east. The housing prices there are a little more expensive. The median home price in Ham Lake is $306,700, which comes out to $17,200 (5%) higher than Andover. Rent there is significantly less expensive. Ham Lake's median monthly rent is $1,089, which comes out to $566 (51%) lower than Andover.
Ramsey
Ramsey is Andover's neighbor to the west. The housing prices there are a bit less expensive. The cost of the median home in Ramsey is $251,900, which works out to $37,600 (14%) lower than Andover. Its rents are somewhat less expensive. Ramsey's median monthly rent is $1,399, which works out to $256 (18%) lower than Andover.
Coon Rapids
Coon Rapids is Andover's neighbor to the south. Housing prices there are a lot less expensive. The price of the median home in Coon Rapids is $204,700, which works out to $84,800 (41%) lower than Andover. Rent there is significantly less expensive. Coon Rapids's median rent is $1,137 per month, which is $518 (45%) lower than Andover.
Oak Grove
Oak Grove is Andover's neighbor to the north. The real estate prices there are similar. The median home cost in Oak Grove is $285,800, which works out to $3,700 (1%) lower than Andover. Its rents are a bit less expensive. Oak Grove's median rent is $1,336 a month, which works out to $319 (23%) lower than Andover.